1. SIMIC - Noun
2. SIMIC - Proper noun
SIMIC (plural SIMICs)
(macroeconomics) Acronym of severely indebted middle-income country. A country with an annual income of between $736 and $9,075 per capita, a debt ratio of at least 80%, and a debt/export ratio of at least 220%.
Simic (plural Simices or Simics)
A surname from Serbo-Croatian.
“When we waiting for five years, we can wait for additional three and a half months,” said Simic, citing Serbian president Aleksandar Vucic who on Wednesday in Belgrade made the same remarks. Source: Internet
“Many have expected that we today to act as Serbs usually act – heart before brain,” said Simic, adding that this time they will decide wisely in order to prevent anybody blaming Serbs for taking unilateral decisions. Source: Internet